Between 1972 and 1982, the Consumer Price Index went from 41.8 to 96.5.
Cumulatively, prices increased 130.9%, which works out to an average of
8.73% per year. Put differently, a dollar in 1972 bought what
$0.43 buys in 1982.
Common amounts: 1972 dollars in 1982
Amount in 1972
Value in 1982
$1.00
$2.31
$5.00
$11.54
$10.00
$23.09
$20.00
$46.17
$50.00
$115
$100
$231
$500
$1,154
$1,000
$2,309
$5,000
$11,543
$10,000
$23,086
$100,000
$230,861
$1,000,000
$2,308,612
Inflation by spending category, 1972–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1972 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1972 →
All items (CPI-U)
8.73%
$231
Energy
13.81%
$365
Medical care
9.51%
$248
Housing
9.42%
$246
Transportation
9.29%
$243
Food
8.75%
$231
Core (all items less food & energy)
8.09%
$218
Apparel
4.61%
$157
Not shown because the BLS began these indexes after 1972: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1972 to 1982: $100 is worth $231 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1972-to-1982/
APA: InflationCalculator.com. Inflation from 1972 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1972-to-1982/